$LB (L Brands, Inc.)

$LB {{ '2015-08-20T14:31:09+0000' | timeago}} • Webcast

$LB 2Q15 Call: Body Works in North America was $748MM, up 6% or $44MM to last year, and comps increased 5% on top of 3% last year. For the quarter, operating income was $138MM up 20% compared to last year. Our operating income rate has improved by 210BP to 18.4%, driven by improvements in gross profit and SG&A expense leverage.

$LB {{ '2017-09-18T12:25:37+0000' | timeago}} • Announcement

Women's apparel chain $LB has authorized a new $250MM share repurchase program. It includes about $10.3MM remaining under the company’s previously announced $250MM repurchase program.

$LB {{ '2017-08-31T12:51:23+0000' | timeago}} • Announcement

Store operator $LB reported a 1% annual decline in net sales to $842MM in August. Comparable sales dropped 4%, hurt mainly by the negative impact of exit of the swim and apparel categories. In the 30-week period ended August 26, the company recorded net sales of $6Bil, down 5% compared to last year. Comparable sales dipped 8% during the period.

$LB {{ '2017-08-22T21:35:56+0000' | timeago}} • Announcement

$LB said it appointed Patricia Bellinger and Robert Schottenstein to its BoD. Bellinger is an Adjunct Lecturer and Research Fellow at the Harvard Kennedy School, while Schottenstein is Chairman and CEO of $MHO. L Brands also announced the retirement of Jeffrey Miro from its Board.

$LB {{ '2017-08-18T17:49:56+0000' | timeago}} • Webcast

$LB noticed improvement in its Victoria’s Secret franchise and travel retail businesses, as well as in the Bath & Body Works International business. Victoria’s Secret stores in Mainland China is fully functional and doing well. $LB is bullish about growth opportunities in China and around the world

$LB {{ '2017-08-18T17:37:53+0000' | timeago}} • Webcast

During 2Q17, $LB's EPS fell 31% to $0.48 per share. This exceeded the initial guidance of $0.40-0.45, mainly due to expense control and non-operating income gains.

$LB {{ '2017-08-16T21:46:38+0000' | timeago}} • Announcement

Due to the decline in comparable sales, $LB has reduced its FY17 earnings guidance to $3.00-3.20 from its previous guidance of $3.10-3.40. For 3Q17, the company expects its earnings per share to be in the range of $0.25-0.30.

$LB {{ '2017-08-16T21:42:01+0000' | timeago}} • Announcement

Apparel retailer $LB reported 45% drop in its 2Q17 earnings to $138.8MM, or $0.48 per share, compared to $252.4MM, or 0.87 per share during 2Q16. Net sales during the quarter fell to $2.75Bil from $2.88Bil. Comparable sales fell 8%, mainly due to the company's exit from swim and apparel categories. Excluding items, $LB earned $0.48 per share.

$LB {{ '2017-08-16T21:25:44+0000' | timeago}} • Infographic

$LB L Brands Earnings AlphaGraphic: Q2 2017 highlights

$LB {{ '2017-08-11T15:38:20+0000' | timeago}} • Announcement

$LB has announced that the record date for its regular quarterly dividend, which was announced on Aug 4, 2017, is the close of business as on Aug 21, 2017, rather than Aug 18, 2017.  The Sept 1, 2017 payment date remains the same.

$LB {{ '2017-08-04T14:53:47+0000' | timeago}} • Announcement

$LB has declared a regular quarterly dividend of $0.60 per share. The dividend is payable on September 1, 2017, to shareholders of record as on August 18, 2017.

$LB {{ '2017-08-03T16:42:40+0000' | timeago}} • Announcement

$LB reported net sales for the month of July 2017 was $767.7MM, down from $777MM last year, and comparable sales decreased 7%. For the 13-week ended July 29, 2017, net sales fell to $2.76Bil from $2.89Bil and comparable sales declined 8%. $LB expects to report 2Q17 EPS at the high end of its previous guidance range of $0.40-0.45.

$LB {{ '2017-07-06T12:15:33+0000' | timeago}} • Announcement

$LB net sales declined 6% to $1.213Bil for June 2017 compared to net sales of $1.296Bil for June 2016. Comparable sales for June 2017, fell 9%. For June 2017, the exit of swim and apparel categories had a negative impact of about 7 percentage points and 10 percentage points to the total company and Victoria’s Secret comparable sales, respectively.

$LB {{ '2017-06-01T12:38:50+0000' | timeago}} • Announcement

$LB reported net sales of $3.211Bil for the 17 weeks ended May 27, 2017, down 6% from $3.43Bil last year. Comparable sales for the 17 weeks ended May 27, 2017, decreased 9%. For 17-week ended May 27, 2017, exit of swim and apparel categories had a negative impact of 7 points and 10 points to total company and Victoria’s Secret comparable sales.

$LB {{ '2017-06-01T12:37:08+0000' | timeago}} • Announcement

$LB reported net sales for the month of May 2017 of $774.3MM, down 5% from $816.6MM in the previous year period. Comparable sales for the month of May decreased 7%. For May, the exit of the swim and apparel categories had a negative impact of 10 points and 14 points to total company and Victoria's Secret comparable sales.

$LB {{ '2017-05-19T13:44:24+0000' | timeago}} • Announcement

$LB's BoD declared a regular quarterly dividend of $0.60 per share. The dividend is payable on June 16, 2017 to shareholders of record on June 2, 2017.

$LB {{ '2017-05-18T14:11:17+0000' | timeago}} • Webcast

$LB saw significant margin improvement in the Beauty business in 1Q17 and it expects this to improve in 2Q17. The company saw good growth in the business online. There was some sales dollar pressure in the store channel which improved sequentially through 1Q17. The margin dollar results are outperforming sales.

$LB {{ '2017-05-18T13:54:20+0000' | timeago}} • Webcast

$LB said the performance for May to-date is in line with the company’s expectations at the beginning of the month which, reflecting the negative impact of the non-go-forward business, was to be down mid to high single digits and on a go-forward basis, there could be a slight increase in comps.

$LB {{ '2017-05-18T13:41:04+0000' | timeago}} • Webcast

$LB stated that the primary driver of the gross margin decline in 1Q17 was the buying and occupancy deleverage. There was also some decline in the merchandise margin rate. $LB believes that going forward, based on its inventory quality, it will see improvement in the merchandise margin rate trend in 2Q17.

$LB {{ '2017-05-18T13:34:34+0000' | timeago}} • Webcast

$LB's Bath& Body Works business did well in 1Q17 with positive comps and growth in operating income. The company opened its first two Victoria’s Secret stores in mainland China. $LB is bullish about growth opportunities in China and around the world and the company will build on its global footprint in 2017.

$LB {{ '2017-05-18T13:30:49+0000' | timeago}} • Webcast

$LB's earnings were down 9% in 1Q17, mostly driven by expense deleverage associated with increased occupancy costs as the company continues to invest in its brands. In the international business, $LB saw some challenges including softness in beauty, difficult market conditions in the Middle East and Turkey and FX pressure.

Recent Transcripts

GWW (W.W. Grainger, Inc.)
Tuesday, October 17 2017 - 3:00pm
COST (Costco Wholesale Corporation)
Thursday, October 5 2017 - 9:00pm
ASNA (Ascena Retail Group Inc.)
Monday, September 25 2017 - 8:30pm
ZUMZ (Zumiez, Inc.)
Thursday, September 7 2017 - 9:00pm
DEST (Destination Maternity Corporation)
Thursday, September 7 2017 - 1:00pm
VNCE (Vince Holding Corp)
Thursday, September 7 2017 - 12:30pm
SCVL (Shoe Carnival Inc.)
Wednesday, August 30 2017 - 8:30pm
BIG (Big Lots Inc.)
Friday, August 25 2017 - 12:00pm
ULTA (ULTA Salon, Cosmetics & Fragrance, Inc.)
Thursday, August 24 2017 - 9:00pm
DXLG (Destination XL Group, Inc.)
Thursday, August 24 2017 - 1:00pm
DLTR (Dollar Tree, Inc.)
Thursday, August 24 2017 - 1:00pm
TIF (Tiffany & Co.)
Thursday, August 24 2017 - 12:31pm
ANF (Abercrombie & Fitch Co.)
Thursday, August 24 2017 - 12:30pm
AEO (American Eagle Outfitters, Inc.)
Wednesday, August 23 2017 - 1:00pm
DSW (DSW Inc.)
Tuesday, August 22 2017 - 12:30pm
LB (L Brands, Inc.)
Thursday, August 17 2017 - 1:01pm
SMRT (Stein Mart Inc.)
Wednesday, August 16 2017 - 8:30pm
DKS (Dick's Sporting Goods Inc.)
Tuesday, August 15 2017 - 2:00pm
KSS (Kohl's Corp.)
Thursday, August 10 2017 - 12:30pm
PLCE (The Children's Place, Inc.)
Wednesday, August 9 2017 - 12:00pm

AlphaGraphics you may like